The agenda item is just one sentence. Two if you count the "First reading" as a sentence. This was on the March 11th Town Council of Smyrna meeting and for a one sentence item, it sure is costly.
e. Consideration of an ordinance to amend Ordinance No. 13-10, adopting the 2013-2014 Fiscal Year Budget relative to mixed drink tax debt and in lieu of tax revenue. First Reading.
Cities across Tennessee need to start paying school districts millions of dollars in unpaid mixed-drink taxes, the state attorney general says.
Chattanooga school officials say the opinion released this week by Attorney General Robert Cooper means local officials must pay the $11 million-plus that is owed to Hamilton County Schools and can’t negotiate a lesser settlement or use land to offset the debt.
“It’s wonderful news. It’s the best news since Santa Claus,” said school board member David Testerman. “Our school system is in desperate need of funds.”
The auditors that service numerous city's throughout Tennessee discovered a provision related to a tax on liquor by the drink that several municipalities were unaware of.
The auditors had not discovered this tax provision until last year and in order to remedy any shortage of amounts owed to the school system